The FTX Recovery Trust has announced its third creditor payout, totaling $1.6 billion, scheduled for September 30. Creditors are expected to receive funds within three business days of disbursement.
This installment is part of the Trust’s broader mandate to return up to $16.5 billion to customers impacted by FTX’s bankruptcy. Previous rounds have already provided partial relief, with each distribution gradually restoring confidence among creditors and stakeholders.
The ongoing process highlights both the scale of FTX’s collapse and the progress made in returning funds. Market watchers believe consistent disbursements may help reduce lingering concerns over lost assets in the crypto sector.
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